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BofA on why Nike may only have to increase prices 2% due to tariffs
Posted on 4/28/25 at 7:46 am
Posted on 4/28/25 at 7:46 am
quote:
Nike’s supply chain is diversified, with Vietnam, Indonesia & China accounting for 50%, 27% & 18%.
Chinese production serves the local market, with limited exposure to U.S. tariffs.
If current tariffs remain in place, Nike’s blended rate would be 16.75%, resulting in a 1.1% margin impact. Nike could raise prices globally by a very manageable 2% to fully offset the pressure.
BofA on Nike: Tariffs manageable, China risk priced in
Posted on 4/28/25 at 7:49 am to stout
So an extra $2 and not the extra $18 that seldom seen melted down about
And I assume thats a 1 time hike not inflationary. So basicaly a consumption tax like Lutnik said
Cut the rates Jerome
And I assume thats a 1 time hike not inflationary. So basicaly a consumption tax like Lutnik said
Cut the rates Jerome
Posted on 4/28/25 at 8:16 am to stout
Dont think it will help Nike's stock much as they have been getting killed on margins for a long while now.
Competition has been eating them alive, margins have shrunk from 40% to barely over 10% over the last few years, this just compounds it further.
Dont see much upside here
Competition has been eating them alive, margins have shrunk from 40% to barely over 10% over the last few years, this just compounds it further.
Dont see much upside here
Posted on 4/28/25 at 9:16 am to stout
quote:BofA must be a shite sandwich bag holder like me for them to release that statement.
BofA on why Nike may only have to increase prices 2% due to tariffs
I’m in at $67. Broke one of my golden rules of purchasing stonk that I refuse to buy their product.
Posted on 4/28/25 at 11:15 am to stout
So the teenage sized Jordans will be $185.00 not $157.00 ?
They've been ripping us off for years
They've been ripping us off for years
Posted on 4/28/25 at 1:02 pm to The Torch
Nikes volume is 60% non domestic to the US
When they were founded they had a shoe factory in Massachusetts
but it was environmental regs that closed it
When they were founded they had a shoe factory in Massachusetts
but it was environmental regs that closed it
Posted on 4/29/25 at 5:12 pm to UltimaParadox
Plus it doesn't help that Nike is always there to support any dude that thinks he is a chick.
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